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The IMF is urging Brazil's government to implement tough austerity and reform measures to kickstart economic recovery.
Brazil's biggest company is currently restructuring to deal with crippling debt, low oil prices, and a corruption probe.
The World Health Organization says that Zika has spread to almost 60 countries around the world.
Temer called on senators to support a proposed constitutional amendment that caps federal spending.
Congress faces a sink or swim situation as it mulls measures that could hurt working class families.
Last week, the government announced a $17-billion austerity package comprised of tax increases and spending cuts.
His senior allies in Brazil's PMDB party will likely be targeted by Petrobras-linked graft investigations.
A number of polls have showed Lula would come out the clear winner if he ran for the presidency.
Can the president push through the Senate unpopular reforms and austerity measures?
The longer the Federal Reserve holds raising interest rates at bay the better for emerging economies.
